The latest announcement is out from AEX Gold ( (TSE:AMRQ) ).
Amaroq Minerals Ltd. announced an amendment to its market making agreement with Arion Bank, introducing a two-part structure for daily bid and ask quotes for its Depository Receipts. The new terms aim to maintain a competitive bid-ask spread, with provisions allowing adjustments based on price changes. Additionally, Amaroq has terminated its market making agreement with Fossar fjárfestingabanki hf., effective May 7, 2025. These changes are expected to impact the company’s trading operations and potentially influence stakeholder perceptions.
More about AEX Gold
Amaroq Minerals Ltd. is an independent mining company focused on the identification, acquisition, exploration, and development of gold and strategic metal properties in Southern Greenland. The company holds a 100% interest in the Nalunaq Gold mine and has a portfolio of assets covering two known gold belts in the region, as well as advanced exploration projects for strategic metals such as copper, nickel, and rare earths.
YTD Price Performance: -18.75%
Average Trading Volume: 57,216
Technical Sentiment Signal: Sell
Current Market Cap: C$625.7M
See more insights into AMRQ stock on TipRanks’ Stock Analysis page.